Nwam LLC Has $2.40 Million Holdings in iShares MSCI USA Min Vol Factor ETF $USMV

Nwam LLC decreased its stake in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 17.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,267 shares of the company’s stock after selling 5,299 shares during the period. Nwam LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $2,397,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USMV. Bank of Montreal Can raised its position in shares of iShares MSCI USA Min Vol Factor ETF by 9.9% in the second quarter. Bank of Montreal Can now owns 44,819 shares of the company’s stock valued at $4,207,000 after purchasing an additional 4,045 shares during the period. Cynosure Group LLC raised its holdings in iShares MSCI USA Min Vol Factor ETF by 16.8% in the 3rd quarter. Cynosure Group LLC now owns 42,424 shares of the company’s stock worth $4,036,000 after acquiring an additional 6,104 shares during the period. Accurate Wealth Management LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth $203,000. Forefront Wealth Partners LLC bought a new stake in iShares MSCI USA Min Vol Factor ETF during the third quarter valued at about $4,341,000. Finally, Symmetry Partners LLC grew its position in shares of iShares MSCI USA Min Vol Factor ETF by 10.1% in the second quarter. Symmetry Partners LLC now owns 263,164 shares of the company’s stock valued at $24,703,000 after purchasing an additional 24,219 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Stock Performance

iShares MSCI USA Min Vol Factor ETF stock opened at $94.49 on Friday. iShares MSCI USA Min Vol Factor ETF has a 52 week low of $83.99 and a 52 week high of $95.12. The firm has a market capitalization of $24.11 billion, a PE ratio of 22.90 and a beta of 0.72. The business’s 50-day simple moving average is $94.28 and its 200-day simple moving average is $93.97.

iShares MSCI USA Min Vol Factor ETF Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.